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"Unless developments in Gaza overshadow the planned agenda for Tuesday's summit, Prime Minister Ehud Olmert and US President George W. Bush are set to discuss, inter alia, Israel's request to increase American financial aid.
A few months ago, Israel submitted a request to raise the annual sum by 25 percent over 10 years, from $2.4 billion to $3b. If implemented, this would reverse the course initiated by prime minister Binyamin Netanyahu 10 years ago, which gradually reduced annual assistance by 20%, from $3b to $2.4b. Doing so would be a mistake.
The underlying rationale for the Israeli request is to take advantage of the final two years of the firmly pro-Israel Bush administration.
Israel's reasons for requesting increased aid are fairly obvious: financial need in the face of multiplying security threats, and reinforcing a powerful public symbol of American support.
On the other hand, there are four reasons to continue reducing the aid, and eventually eliminating it."
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